Form Field verification strategy still sends a link for verification

Hi,
I chose the Form Field verification strategy in tenant settings and also checked the email template to make sure it's correct but the email is still sent with a link, not a one-time code.
What could be the problem here?

I'm currently using FusionAuth 1.32.1, deployed by the helm chart. I have also checked the release notes of later versions but there were no mentions to this.